The most comfortable group of people trading cryptocurrencies are like this:
First, they have sufficient capital. They have over 1 million in their account, but only use 500,000 to operate. The remaining 500,000 is used to handle fluctuations, pick up bargains, and leave room for themselves. More importantly, they have several million outside the account, ready to enter the market at any time. Can such people have a bad mindset when trading cryptocurrencies? When prices go up, they have chips in hand; When prices fall, they see opportunities. It's not because they are better at trading, but because they can afford to lose. Second, they don’t rely on the crypto circle for income. They have jobs, businesses, and other sources of income. Making money from trading crypto is just icing on the cake; if they lose money, it doesn’t affect their lives. They don’t need to watch their accounts every day, nor do they lose sleep over a 10,000 or 20,000 fluctuation. Over time, they actually earn more. Third, only do what they understand. They don’t chase hot trends or touch coins they don’t understand. They stick to a few familiar ones they’ve researched thoroughly, trading back and forth. They know how much they can earn, whether more or less. Fourth, they stay out of the market when it’s time to be out, and act when it’s time to act. If there’s no opportunity, they wait patiently; when there is, they buy slowly. They are calm and unhurried, not anxious or impatient. People like this in crypto trading aren’t here just to make money—they’re here to take money.
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The most comfortable group of people trading cryptocurrencies are like this:
First, they have sufficient capital.
They have over 1 million in their account, but only use 500,000 to operate. The remaining 500,000 is used to handle fluctuations, pick up bargains, and leave room for themselves.
More importantly, they have several million outside the account, ready to enter the market at any time.
Can such people have a bad mindset when trading cryptocurrencies?
When prices go up, they have chips in hand;
When prices fall, they see opportunities.
It's not because they are better at trading, but because they can afford to lose.
Second, they don’t rely on the crypto circle for income.
They have jobs, businesses, and other sources of income. Making money from trading crypto is just icing on the cake; if they lose money, it doesn’t affect their lives.
They don’t need to watch their accounts every day, nor do they lose sleep over a 10,000 or 20,000 fluctuation.
Over time, they actually earn more.
Third, only do what they understand.
They don’t chase hot trends or touch coins they don’t understand. They stick to a few familiar ones they’ve researched thoroughly, trading back and forth.
They know how much they can earn, whether more or less.
Fourth, they stay out of the market when it’s time to be out, and act when it’s time to act.
If there’s no opportunity, they wait patiently; when there is, they buy slowly.
They are calm and unhurried, not anxious or impatient.
People like this in crypto trading aren’t here just to make money—they’re here to take money.